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Consider the following actual ( A t ) and forecast ( F t ) demand levels for a commercial multiline telephone at Office Max: The

Consider the following actual (At) and forecast (Ft) demand levels for a commercial multiline telephone at Office Max:
The first forecast, F1, was derived by observing A1 and setting F1 equal to A1. Subsequent forecasts were derived by
exponential smoothing.
The smoothing constant () used to derive the subsequent forecasts =
(round your response to two decimal
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